M&A Deal Summary

Mitsubishi Electric Acquires Motum

On April 7, 2022, Mitsubishi Electric acquired business services company Motum from Accent Equity

Acquisition Highlights
  • This is Mitsubishi Electric’s 1st transaction in the Business Services sector.
  • This is Mitsubishi Electric’s 2nd transaction in Sweden.

M&A Deal Summary

Date 2022-04-07
Target Motum
Sector Business Services
Buyer(s) Mitsubishi Electric
Sellers(s) Accent Equity
Deal Type Add-on Acquisition

Target

Motum

Bromma, Sweden
Motum is an independent elevator company offering installation of new elevators, modernization of existing elevators, and services. The company focuses on flexible elevator solutions that are customized for each client’s specific needs. Motum is based in Bromma, Sweden.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Mitsubishi Electric

Tokyo, Japan

Category Company
Founded 1921
Sector Electrical Equipment
Employees149,914
Revenue 5.52T JPY (2025)
DESCRIPTION

Mitsubishi Electric engages in the manufacture and sales of electrical and electronic products and systems used in a broad range of fields and applications. Mitsubishi Electric was founded in 1921 and is based in Tokyo, Japan.


DEAL STATS #
Overall 10 of 20
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 12
Country: Sweden M&A 2 of 3
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-24 Computer Protection Technology

Escondido, California, United States

Computer Protection Technology is a provider of personal, honest and reliable power protection services. Computer Protection Technology was founded in 1986 and is based in Escondido, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-20 Scibreak

Jarfalla, Sweden

Scibreak is a company that develops direct current circuit breakers (DCCBs). Scibreak was founded in 2014 and is based in Jarfalla, Sweden.

Buy -

Seller(S) 1

SELLER

Accent Equity

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 1.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Accent Equity Partners is a middle-market private equity firm that targets buyout and expansion capital investments in Scandinavia. Accent Equity is sector agnostic and generally prefers acquiring controlling positions. Accent Equity was formed in 1994 and is based in Stockholm.


DEAL STATS #
Overall 40 of 42
Sector: Business Services M&A 6 of 7
Type: Add-on Acquisition M&A Deals 22 of 23
Country: Sweden M&A 33 of 35
Year: 2022 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-07 Norcospectra

Stockholm, Sweden

Norcospectra provides tailor-made interior solutions for commercial spaces to clients in Norway, Poland, and Sweden. The offering covers concept design, in-house production, and project management with a dedication to sustainability. The company sells, manufacture and deliver customer unique shop interior concepts. The modern manufacturing enables the company to be a cost-efficient and reliable partner delivering solutions of a high standard and also serving large international customers with a global foot print. Norcospectra was founded in 1938 and is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-12 Oral Care

Stockholm, Sweden

Oral Care is a private care provider within dentistry and offers general dental care at clinics for all ages and mobile dentistry for elderly care patients. The company is active in eight county councils in Central and Southern Sweden, and in Norway, and has a growing network of clinics for general dental care. Oral Care was formed in 1989 and is based in Stockholm, Sweden.

Sell -